INTERVIEW – The president of the Spanish media group and co-founder of the Amber Capital fund details his strategy.
To Madrid
“2022 has been synonymous with rebirth for Prisa, after several long years of agony. Our results have improved significantly”hammers at Figaro Joseph Oughourlian, at the helm of the Spanish group for two years. The co-founder and president of the famous activist fund Amber Capital bet big on the reversal of Prisa (publisher of the daily newspapers The country, AS, Cadena Ser and Radio Caracol, Santillana…). He has personally invested several tens of millions of euros in Prisa. So much so that his investment now accounts for two-thirds of Amber’s total stake in the capital of the media group (29.9%), he reveals to us. This personal involvement is unusual for the boss of the British fund, known for having initiated the epic shareholder fight at Lagardère at the time. For the moment, the capital gain is not yet there for Amber, the largest shareholder of Prisa ahead of the French giant Vivendi (9.5%), the family…